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Wolfspeed (GB:0I4Q)
LSE:0I4Q
Wolfspeed (0I4Q) Share Price & Analysis
0 Followers
0I4Q Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$21.89 - $70.22
Previous Close$23.16
Volume2.67K
Average Volume (3M)3.87K
Market Cap
$2.84B
Enterprise Value$5.38B
Total Cash (Recent Filing)$2.64B
Total Debt (Recent Filing)$5.18B
Price to Earnings (P/E)-3.8
Beta1.83
Next Earnings
May 01, 2024EPS Estimate
-$0.63Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-6.02
Shares Outstanding125,800,821
10 Day Avg. Volume722
30 Day Avg. Volume3,872
Standard Deviation0.15
R-Squared0.37
Alpha0.05
Financial Highlights & Ratios
Price to Book (P/B)4.01
Price to Sales (P/S)58.02
Price to Cash Flow (P/CF)-3.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.18
Enterprise Value/Gross Profit19.25
Enterprise Value/Ebitda-72.22
Forecast
1Y Price Target
$35.20Price Target Upside42.28% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Wolfspeed News
Bulls Say, Bears Say
Bulls Say
Financial Support And Growth PotentialWith potential financial backing from the CHIPS Act/DOE, Wolfspeed's initiatives could lead to an uptick in their stock value.
Revenue GrowthRevenue growth is on the horizon for Wolfspeed, as projections show Mohawk Valley's revenue could see a significant increase.
Strategic Business MovesInvestors are optimistic as JANA Partners encourages Wolfspeed to explore strategic sales and alternative options to enhance shareholder value.
Bears Say
Financial HealthThe combination of debt covenants and upcoming debt maturities increases dependence on alternative forms of financing for WOLF.
Management And StrategyAn activist shareholder, Jana, has requested WOLF to seek a sale or strategic alternatives, indicating potential governance issues or a lack of confidence in current management's strategy.
Market CompetitionIncreasing global/China SiC supply competition and slowing EV demand point to profitability challenges.
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Options Prices
Currently, No data available
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Ownership Overview
3.52% Insiders
47.37% Mutual Funds
26.16% Other Institutional Investors
22.95% Public Companies and
Individual Investors
0I4Q FAQ
What was Wolfspeed’s price range in the past 12 months?
Wolfspeed lowest share price was $21.89 and its highest was $70.22 in the past 12 months.
What is Wolfspeed’s market cap?
Currently, no data Available
When is Wolfspeed’s upcoming earnings report date?
Wolfspeed’s upcoming earnings report date is May 01, 2024 which is in 4 days.
How were Wolfspeed’s earnings last quarter?
Wolfspeed released its earnings results on Jan 31, 2024. The company reported -$0.55 earnings per share for the quarter, beating the consensus estimate of -$0.629 by $0.079.
Is Wolfspeed overvalued?
According to Wall Street analysts Wolfspeed’s price is currently Undervalued.
Does Wolfspeed pay dividends?
Wolfspeed does not currently pay dividends.
What is Wolfspeed’s EPS estimate?
Wolfspeed’s EPS estimate is -$0.63.
How many shares outstanding does Wolfspeed have?
Wolfspeed has 125,800,820 shares outstanding.
What happened to Wolfspeed’s price movement after its last earnings report?
Wolfspeed reported an EPS of -$0.55 in its last earnings report, beating expectations of -$0.629. Following the earnings report the stock price went down -12.962%.
Which hedge fund is a major shareholder of Wolfspeed?
Among the largest hedge funds holding Wolfspeed’s share is PRIMECAP Management Co. It holds Wolfspeed’s shares valued at 83M.
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Wolfspeed Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$35.20 (42.28% Upside)
$35.20 (42.28% Upside)
Blogger Sentiment
Neutral
GB:0I4Q Sentiment 53%
Sector Average 69%
Sector Average 69%
Insider Transactions
Bought Shares
Worth $767.2K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-55.84%
12-Months-Change
Fundamentals
Return on Equity
-31.57%
Trailing 12-Months
Asset Growth
36.45%
Trailing 12-Months
Company Description
Wolfspeed
Cree, Inc. is a manufacturer of lighting-class light emitting diode (LED) products, lighting products and semiconductor products for power and radio-frequency (RF) applications. It operates through the following segments: Wolfspeed, LED Products, and Lighting Products. The Wolfspeed segment products consists of silicon carbide (SiC) and gallium nitride (GaN) materials, power devices and RF devices based on silicon (Si) and wide bandgap semiconductor materials. The LED Products segment includes LED chips, LED components and SiC materials. The Lighting Products segment consists of LED lighting systems and bulbs for the commercial, industrial and consumer markets. The Power and RF Products segment includes power devices and RF devices. The company was founded by Calvin H. Carter Jr., John W. Palmour, F. Neal Hunter, Eric Hunter, and John Edmond in 1987 and is headquartered in Durham, NC.
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0I4Q Earnings Call
Q2 2024
0:00 / 0:00
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0I4Q Stock 12 Months Forecast
Average Price Target
$35.20
▲(42.28% Upside)
Technical Analysis
Wolfspeed
―
Lattice Semiconductor
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Vishay Intertechnology
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Microchip
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ON Semiconductor
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Best Analysts Covering 0I4Q
1 Year
1 Year Success Rate
14/23 ratings generated profit
1 Year Average Return
+3.88%
reiterated a buy rating 6 months ago
Copying Craig Irwin's trades and holding each position for 1 Year would result in 60.87% of your transactions generating a profit, with an average return of +3.88% per trade.
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